The Ohio Democrat. (Logan, O. [Ohio]) 1886-1906, 1887-09-17

| CLEvRLAND.-- There are no stocks on
hand. What is made, over and above
future delivery long engaged, Ia readily
sold and smaller manufacturers are con-
stantly looking for iron, for immediate
delivery. Pricea are firm and while II is
true that some large buyers are holding
off for lower quotations. the state OF
business and Me healthy tone Of the marked
by no means warrant any such result.
either in the immediate future or for
some months to come. Iron makers hare
no difficulty in disposiny of their material as,
where one buyer holds of, there are ten
who will purchase. The hardware trade
reports an excellent business in nearly everv
d,partmcnt. Shop goods are selling ex-
ceptionally well and small dealers are
placing larger orders than usual.
The ore business is booming and the
furnaces are rapidly filling up on old or
ders. The receipts Of the week were 49,
GbJ tons rs against 4,529 tons during the
corresponding week in 1885, gain OF H.
l37 topy; and the rail shipments of the
week 'Sere 25,b2O tons, as against ll,42i
tons during the corresponding week in
1856, the gain being H. l98 tons.
CINcINNArI.-A firm, act;w market, with
out any exciting or material change in
prices was the prevailing feature OF the
Week. Orders booked have been about
equally divided between those for i'm
mediate and those for future delivery.
Northern Ohio and Western Pennsyl-
vania furnaces are profting by the alb
sence OF Southern iron in the market.
and taking good orders in the field
hitherto occupied by Southern irons.
Set!ers are generally firm and confident in
their ueUs, but d0 not Uant to put prices
higher If it can be avoided. Notwith-
standing the complete resumption of
furnaces stopped by the coke strike,
tn re is still marked scarcity of desir-
able grades of iron for early delivery, and
the four furnaces that are in shape to take
orders, are enjoying peculiar advantage.
CHICAGO. almost unprecedented run
OF small orders has kept dealers busy dur
ing the week. Careful inquiry in licates
that there is less iron bought ahead than
at correspond-time in previous years.
This indicates that buying must continue
liberal throughout the FaH and Winter. |
Most foundries are using up iron faster |
than expected. There are no important |
changes in prices, but slow, stealy |
hardening in soft irons and Lake Superior |
charcoal
ST.. LouIs.-There is freezer disposition
to buy iron in this market. Orders have
been liberal since last report, and they
have been, quite large for forward de-
liveries. The theory that the recent
in prices was temporary and
would disappear us soon as the coke
strike was ended, is about abandoned.
II seems apparent that there tcM be- a large
and uniform demand throughout the FaH
and Wtnter, and ii ,CiN tar the furnaces to
0etr full capacity to meet it; principal sel-
lers are opposed to any .f,trthor adranee IN
pr,ces, being we'll satisfied as they are.
Ihey find ii diGc,M, howerer, to meet the
demand upon them at these figures.
CHArTANooGA.-The tenor OF general
business for the past two weeks has been
by continuation of the
same activity that has prevailed during
the entire year. The merchants and
mdnufacturers are all doing ,yeN and are
having full line OF trade in their re-
spective callings and 80 far as can be OBJ
served are making money.